California Entrepreneur Secures Financing to Buy Robeks Juice Franchise
Borrowing money to purchase a Robeks Juice franchise? Security Pacific Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Los Angeles, California needed money to invest in a Robeks Juice franchise back in 2007. Security Pacific Bank issued an SBA franchise loan. Here are the details on this California small business loan.
SBA Loan Borrower
ROBEKS JUICE
LOS ANGELES, CA 90071
SBA Loan Lender
SECURITY PACIFIC BANK
12121 WILSHIRE BLVD, STE 1350
LOS ANGELES, CA 90025
This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
3/2/2007
Loan Approval Gross Amount
$1,350,000
Loan Approval from the SBA
Of the total $1,350,000 loan amount, the SBA guaranteed $1,012,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Robeks Juice franchise. At the time of the loan, the company
had 28 employees. The loan application indicated that the loan would help retain 28 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
Robeks Franchise Corporation
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Where to Get an SBA Loan in Los Angeles, California
SBA Lenders in California